Techmeme
January 21, 2025, 2:30 PM

Top News

Bobby Allyn / NPR:
Trump signs an EO seeking to pause the TikTok ban for 75 days, in a bid to give him time to negotiate a resolution and protect TikTok's providers from liability  —  President Trump signed an executive order on Monday seeking to hit pause on a law banning TikTok and to provide a liability shield …
Washington Post:
Legal experts and lawmakers: Trump's EO halting the TikTok ban may not protect companies that host or distribute the app, as Trump cannot overturn Congress' law  —  Measure directs Justice Department to not enforce the law for 75 days while administration determines “the appropriate course forward.”
Jay Peters / The Verge:
Card game Marvel Snap, published by ByteDance's Nuverse, is back online in the US; developer Second Dinner plans to find a new publisher to avoid future bans  —  Marvel Snap is back online in the US after access was cut off Saturday night due to the law that banned TikTok and other ByteDance-owned apps.
Kyle Wiggers / TechCrunch:
Trump signs an EO renaming the US Digital Service as the US DOGE Service, directing agency heads to form “DOGE Teams” of at least four employees within 30 days  —  The Department of Government Efficiency (DOGE), an advisory commission spearheaded by billionaire Elon Musk recommending deep cuts …
New York Times:
Sources: Elon Musk is likely to get a West Wing office, putting him close to Donald Trump, after Musk had for many days been asking about his level of access  —  The world's richest man had been expected to be situated in the Eisenhower Executive Office Building, but a West Wing office would give him closer access to President Trump.
Counterpoint Research:
Chinese smartphone sales fell 3.2% YoY in Q4 2024, the only negative quarter in 2024; Apple fell 18.2% to a 17.1% share and Huawei rose 15.5% to an 18.1% share  —  - During the quarter, Huawei secured the top spot, followed by Xiaomi.  Huawei's sales grew 15.5% YoY, supported by the release of the Mate 70 series in early December.
James Hunt / The Block:
MicroStrategy bought 11K bitcoin for ~$1.1B from January 13 to 20, at an average of $101,191 per BTC, taking its holding to 461K, worth $48B+, or 2%+ of supply  —  - MicroStrategy has purchased another 11,000 BTC for approximately $1.1 billion at an average price of $101,191 per bitcoin.
David Shepardson / Reuters:
Trump revokes Biden's 2023 executive order that sought to reduce the risks that AI poses to consumers, workers, and national security, fulfilling a GOP pledge  —  U.S. President Donald Trump on Monday revoked a 2023 executive order signed by Joe Biden that sought to reduce the risks …
Jeff Cox / CNBC:
The SEC launches a “Crypto 2.0” task force led by SEC Commissioner Hester Peirce, to create a “comprehensive and clear regulatory framework for crypto assets”  —  The Trump administration took its firs steps Tuesday toward an expected lowering of regulatory barriers for cryptocurrency.
Anna Gross / Financial Times:
The UK debuts digital driving licenses and veteran ID cards, launching in 2025 via the GOV.UK Wallet, and AI tools, nicknamed “Humphrey”, to help civil servants  —  New app will also include documents showing criminal record checks and proof of eligibility for state benefits
Max Goldbart / Deadline:
Parrot Analytics estimates Severance season 1 earned $200M+, with ~50% coming in the year following the finale; Ted Lasso generated $609.4M from Q3'20 to Q3'24  —  Parrot came to these figures via its Content Valuation methodology, which uses a formula to correlate audience demand with subscribers and therefore revenue.
Noah Smith / Noahpinion:
How purchasing Trump's memecoin, of which he reportedly holds $50B+ at January 19 prices, could be used to buy favors without actually transferring him funds  —  Crypto is, in fact, about sending people money.  —  Financial disclosure: I hold a modest amount of BTC and ETH.
Politico:

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